by
prestonni
on
Mar 26, 2014 •
Here below please find the Swiss team’s latest weekly technical analysis report on the major international asset markets. They pick up many of the same issues as we have already on the forum pages and prior posts inc the Biotech sector issues and also the SOX deeply overbought etc, etc. They remain medium term bullishly...
by
prestonni
on
Mar 24, 2014 •
Sunday night so time to be ready for the week ahead. Last week saw the bulls attempted to reassert themselves on what was, prior week, a bearish price candle across many equity indexes with a reasonable score of intra week volatility. By the close of business on Friday the Nasdaq had scored a decent perfect...
by
prestonni
on
Mar 18, 2014 •
The US equity markets are in line of sight of a full reversal of last week’s bear candle in only two trading sessions. Its certainly very impressive price action for the bulls. A reversal of price like this on the weekly would be bullish and invite those short to cover and reverse potentially. From failed...
by
prestonni
on
Mar 17, 2014 •
We are almost exactly 5 years into one of the longest cyclical bull markets of the last century. And within this cyclical bull market we are at a point of significant technical “stretch” on a many different metrics including not having testing the 200 day moving average since 2012 or not having experienced a 10%...
by
prestonni
on
Mar 15, 2014 •
Here the US Equity JP team. JP-USequity-10-3-14 Here the JP Asia team JP-asia-equity-11-3-14 And here the commercial positions in various asset markets. cftc-10-3-14 And here Commerz with their weekly macro strat & comment: commerse-wklystrat-14-3-14 Much more to come tomorrow. Have a great weekend what ever you are up to. Rich
by
prestonni
on
Mar 9, 2014 •
In spite of the recent euro strength few are betting with her for now. The consensus view is that the 1.39 area will likely hold vs the US$. JP below are allowing for an outside move to 1.42 as the maximum level the euro could achieve and they have raised their 2014 average eurusd value...
by
prestonni
on
Mar 7, 2014 •
We got a big move in the euro yesterday and this is feeding into all asset markets in the near term. Here Commerz on the news flow: commerz-fxstrat-6-3-14 The question all asset and wealth allocators must be asking themselves this morning is whether this is the start of a meaningful medium term trend of euro...
by
prestonni
on
Mar 4, 2014 •
We are in a choppy near term directional zone here would be my comment with a tendency towards testing the recent buying supports. All the technical issues remain unchanged. If we get yet another higher high it will be on the basis of significant divergence to momentum. The Swiss team are traveling today. They may...
by
prestonni
on
Mar 3, 2014 •
Another excellent report here from Fitzpatrick becoming increasingly bearish equities and bullish US$ & fixed income. Ill leave it to Fitzpatrick to explain, report here: citi-mmwklytech-28-2-14 Rich
by
prestonni
on
Feb 27, 2014 •
Here a couple of the latest Fitzpatrick reports from Citi. What I really admire about his reports is that he blends the technical and fundamental in a way few do. HeĀ is prepared to step beyond the near term correlations to offer what are near term contrarian macro bets that are in line with a...
by
prestonni
on
Feb 25, 2014 •
In a rush here im afraid so here a selection of reports. Here the citi fx team covering the bullion asset. (This is different technical team to the Fitzpatrick team so just be careful on that one). Citi-billiontech-17-2-14 Here JP on euro equities: jp-euroequity-24-2-14 Here JP on us equity JP-equitystrategyUS-21-2-14 And here JP asia jp-asia-20-2-14...
by
prestonni
on
Feb 21, 2014 •
Here WF with their weekly macro take on where we are: WF-wkmacro-21-2-14 Here WF with their monthly view of the US LEIs, where we are and where we are heading: WF-LEIs-21-2-14 here euro economic perspectives from Commerz commerz-eurozone-21-2-14 And here Commerz on German growth. The problem is divergence between her and her European partners, particularly...